Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manually underwrite complex mortgage applications and make sound lending decisions.
- Company: Join a growing specialist lender with a focus on intermediary-only services.
- Benefits: Enjoy 25 days holiday, private healthcare, and a pension scheme.
- Other info: Hybrid work model with opportunities for career growth.
- Why this job: Make impactful decisions in a dynamic team while developing your underwriting skills.
- Qualifications: Minimum one year of experience in Buy-to-Let Mortgage Underwriting required.
The predicted salary is between 55000 - 55000 £ per year.
Location: London Hybrid 2 days WFH
Salary: Up to £55,000
Working Hours: Monday to Friday 9 am to 5.30 pm
Benefits:
- 25 Days Holiday + Bank/Public holidays
- Pension scheme
- Private healthcare
- Discretionary Bonus
- Other flexible benefits
About the role:
Join a growing, intermediary-only specialist lender as a Buy to Let Underwriter, working as part of a busy Buy to Let team. You'll manually underwrite a range of specialist and more complex cases, assessing and approving mortgage applications in line with lending policy. Managing a varied pipeline, you'll make clear, commercially sound decisions and confidently explain your rationale, particularly on more complex deals.
Responsibilities:
- Ensure all new lending proposals are underwritten in accordance with the Company's Lending Policy, with any exceptions clearly documented and approved by the appropriate senior signatories.
- Provide clear, concise lending recommendations to senior signatories for proposals requiring exceptions or falling outside mandate parameters.
- Prepare and present Credit Papers to the Credit Committee for high-value transactions.
- Review, assess and appraise both short- and long-form valuation reports.
- Liaise with intermediaries on new enquiries and proposals, clearly communicating underwriting requirements and/or reasons for decline.
- Work closely with Pipeline and Completions Managers to ensure underwriting requirements and special conditions are fully understood and appropriately applied.
Experience required:
- A minimum of a year's experience in a Buy to Let Mortgage Underwriting role.
- Held a mandate for £350K +.
- Experience of presenting proposals to senior signatories.
- Knowledge of different property asset types, including HMO, Multi Unit Freehold blocks, office to residential - permitted development schemes.
- Pragmatic approach to lending.
For more information regarding the role, please contact us. Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.
Underwriter in England employer: Stellar Select Limited
Contact Detail:
Stellar Select Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter in England
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. We all know that sometimes it’s not just what you know, but who you know that can help you land that underwriter role.
✨Tip Number 2
Prepare for interviews by brushing up on your underwriting knowledge. Be ready to discuss complex cases and your decision-making process. We want to see how you think, so bring your A-game!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind. We appreciate candidates who show enthusiasm and professionalism.
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Underwriter in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriter role. Highlight your experience in Buy-to-Let mortgage underwriting and any relevant achievements. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Be sure to mention your experience with complex cases and your pragmatic approach to lending.
Showcase Your Decision-Making Skills: In your application, give examples of how you've made clear, commercially sound decisions in previous roles. We love candidates who can confidently explain their rationale, especially on complex deals!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Stellar Select Limited
✨Know Your Stuff
Make sure you brush up on your knowledge of Buy-to-Let mortgages and the specific lending policies of the company. Familiarise yourself with different property asset types like HMOs and Multi Unit Freehold blocks, as these will likely come up in conversation.
✨Prepare for Complex Scenarios
Since you'll be dealing with complex cases, think about some examples from your past experience where you had to make tough underwriting decisions. Be ready to explain your rationale clearly and concisely, as this will demonstrate your decision-making skills.
✨Practice Your Communication Skills
You'll need to liaise with intermediaries and present proposals to senior signatories, so practice articulating your thoughts. Consider doing mock interviews with a friend or colleague to refine how you communicate your recommendations and reasoning.
✨Show Your Team Spirit
This role involves working closely with Pipeline and Completions Managers, so highlight your teamwork skills. Share examples of how you've collaborated effectively in the past, and express your enthusiasm for being part of a busy team.